State Approves Loan To Stratford Firm

August 11, 1992

The Connecticut Development Authority said Monday that it has approved a $300,000 loan to Saber Equipment Corp., a maker of gasoline-dispensing equipment in Stratford.

The company, which employs 17 people, will use the loan as working capital, the state Department of Economic Development said in a statement. The Connecticut Development Authority is the department's financing arm. The loan to Saber Equipment was through the Connecticut Growth Fund